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Having a Buyer's Agent is nothing new, but as of July 1st, all agency relationships in Virginia must be in writing. This means that buyers will have to review and sign a Buyer's Agency agreement with an agent before they can show them a property or discuss details beyond what is in the public MLS information.
At Investors Realty, we've always required a buyer agency agreement before we work with a prospective buyer as a matter of professionalism and a sign of our commitment to act in the best interests of our clients.
After July 1st - it is the law!
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